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Storms taking their toll

Storms taking their toll

Category: Insurance

Updated: 03/01/2014
First Published: 03/01/2014

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The UK has come under fire from severe weather over the past few weeks, and indeed in the past 24 hours – at the time of writing there are still 10 severe flood warnings in place, meaning danger to life, while a tidal surge is expected in Scotland. All those storms have already taken their toll on the homes and vehicles of the UK, with AA Insurance reporting a huge number of claims being made in the final few days of 2013.

Thousands of homeowners and drivers have been affected, with around 1,000 home insurance claims and 130 car insurance claims being made as a direct consequence of the pre-Christmas gales. Some 1,100 cars had to be rescued from flood water too, with many drivers ignoring "road closed" signs – especially owners of 4x4s.

The claims tally for the beginning of 2014 might soon start to stack up with many parts of the UK in the grip of yet more severe weather, so the advice for homeowners and motorists is clear – make sure you're covered.

Having suitable car and home insurance is essential to ensure sufficient financial protection should you be in a storm-hit area, and for those that might be concerned about increasing premiums, fear not. Despite the end of 2013 seeing a spike in home insurance claims, the cost of premiums has actually fallen over the last 12 months, with data from the Association of British Insurers revealing that annual claims figures are expected to be some 5% lower than in 2012.

What Next?

Of course, you'll still want to find the best value premiums possible, so use our handy comparison tools to make sure you're prepared – whatever the weather.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.